Awards recognise fresh perspectives
An investment analyst from MLC scooped the top award at the inaugural IFSA/Deloitte Future Leaders Awards announced yesterday in Sydney.
Myooran Mahalingam, whose entry proposed the introduction of compulsory investment return reporting on a past tax basis, has won a round the world air ticket and five nights accommodation in New York, where he will share his ideas with Deloitte’s global investment management leader Garry Moody.
The awards were started as a way to encourage people under 30-years-old to provide innovative and fresh perspectives to solving issues within the Australian wealth management industry.
In addition to the overall award, Mahalingam’s entry also won the inefficiencies category.
Michael Betts, senior financial adviser at Clearview Retirement Solutions, won the retirement incomes category and Melanie Pulis, compliance manager — wealth management at St George Bank, won the life insurance category.
“These young people certainly meet all our expectations as they tackled these difficult issues head on and proposed some innovative solutions,” Sarah Woodhouse, wealth management partner at Deloitte, said.
A total of 18 entries were received and assessed by a panel of judges that included Dennis Fox (Promina Financial Services), Doug McTaggart (QIC) and Paul Bedbrook (ING).
According to a Deloitte spokesperson, the awards have been “received very well” by members of the industry, and it looks likely they will be offered again in 2007.
Recommended for you
While returns and fees are the top priority for older Australians when it comes to their superannuation, more than one in 10 are calling for access to tailored financial advice.
Determinations by the FSCP since the start of 2025 are almost double the number in the same period of 2024, with non-concessional contribution cap errors and incorrect advice among the issues.
Whether received via human or digital means, financial advice is reportedly leading to lower stress and more confidence, according to Vanguard.
The new financial year has got off to a strong start in adviser gains, helped by new entrants, after heavy losses sustained in June.
